
After doing some calculations last night I had placed my line in the sand in the ym chart at 8383ish area. I was looking for this level to hold the market down on any test with the bias to try to at least test some of the untouched point of controls lower. Overnight the market did test lower but with the earlier news about jobs the market took a nice pop and got through my line. Now I have to just wait and see how the market reacts at the open but right now the bulls have proven they still have the ball.
No comments:
Post a Comment